Out Fox The $treet

  Nvidia Corporation faces pressure due to DeepSeek's claims of cheaper AI model training, but efficient GPU usage could boost overall AI spending. DeepSeek's R1 model claims to outperform OpenAI at a fraction of the cost, though its actual GPU usage is under scrutiny. Nvidia's stock drop presents a buying opportunity, with AI demand likely to grow despite potential margin risks. The main stock risk is lower margins, but efficient AI models are unlikely to diminish Nvidia's long-term AI GPU growth story. Nvidia Corporation  ( NASDAQ: NVDA ) is getting crushed on news of a Chinese AI company figuring out how to reduce GPU costs to train AI models. The AI chip company traded at a rich valuation, and less demand for GPUs  could crush the sales growth and reduce the value of the stock. My  investment thesis  remains Bullish on the stock on any further dips, as more efficient GPU usage could only ramp up AI spending. Read the full article on Seeking Alpha.  Dis...

  Nvidia reported explosive AI GPU sales growth and signals supply will support higher growth going forward. Advanced Micro Devices' competing AI GPU chip, MI300, is set to hit the market in Q4 and has significant capacity secured. The company has significant upside with analyst estimates not factoring in massive upside potential from AI GPU sales. AMD stock is cheap at closer to only 20x '24 EPS targets. After the close,  Nvidia  ( NVDA ) reported much anticipated results for the  July quarter . The company reported explosive AI GPU sales growth and signaled supply will support higher growth going forward. The news has huge implications for  Advanced Micro Devices  ( NASDAQ: AMD ) with a competing AI GPU chip hitting the market in Q4 and the numbers from Nvidia reinforce the statements from AMD management. My  investment thesis  remains ultra Bullish on the stock now trading at the recent lows despite a lot of bullish indications for upcoming gro...